U.S. automakers could be headed down a rocky road

Apr 25, 2018
For years, low gas prices fueled sales of SUVs and pickup trucks, and low interest rates made it easier for car buyers to trade up every time some shiny new technology came along. But with gas prices and interest rates rising, and tariffs on imported aluminum and steel driving up costs, automakers are facing an […]

According to experts, consumers should give gas station credit cards a pass

Apr 11, 2018
Compared to other credit cards, a new report out this morning from creditcards.com suggests gas station credit cards often carry higher interest rates and fewer rewards. Click the audio player above to hear the full story. 

Fed raises key rate and foresees 2 more hikes this year

Mar 21, 2018
The Fed also increased its estimate for rate hikes in 2019 from two to three, reflecting an expectation of faster growth and lower unemployment.
Jerome Powell arrives to takes the oath of office as he is sworn-in as the new Chairman of the Federal Reserve (FED) at the Federal Reserve Building in Washington, D.C., Feb. 5, 2018.
SAUL LOEB/AFP/Getty Images

Why low unemployment might not lead to higher inflation

Feb 21, 2018
The unemployment rate is at 4.1 percent — the lowest level since 2000.
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What will rising bond yields mean if the economy keeps heating up?

Feb 13, 2018
The Fed is expected to raise interest rates multiple times this year, which could affect interest rates and yields in the broader bond market. Today a top bond trader at Goldman Sachs forecast the yield on the 10-year Treasury will rise to as high as 3.5 percent by the summer. We haven’t been in a […]

Here's what five people named Jerome Powell think about the economy

Feb 12, 2018
A little perspective for the Federal Reserve chair as he starts his term.
 Jerome Powell testifies during his confirmation hearing before the Senate Banking, Housing and Urban Affairs Committee on Nov. 28, 2017 on Capitol Hill in Washington, D.C.
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Why some people are relieved the markets are dipping

Feb 6, 2018
The markets had been hitting record highs, but this reversal might be a good thing.
Traders and financial professionals working on the floor of the New York Stock Exchange (NYSE).
Drew Angerer/Getty Images

For public good, not for profit.

What's behind the global rally?

Jan 17, 2018
Economists say cheap interest rates are one factor.
Economists are split on whether Donald Trump's presidency is behind the boom in the economies and stock markets of Europe, China and Japan.
SAUL LOEB/AFP/Getty Images

4 percent interest on savings? It sounds too good to be true

Jan 15, 2018
Startup Beam says it will offer high rates that are FDIC insured with no fees. Some in the industry say the math doesn't work.
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